Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
Banks enhance steps to deal with NPLs ahead of stress test
Eurobank raises 500 mln with covered bond issue
Trust in Greek banking system shaky, survey suggests
NBG steps back into markets with 750 mln covered bond issue
Eurobank sells NPL package in attempt to reduce bad debt pile
NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
National Bank of Greece (NBG) announced on Thursday it entered into an agreement with the Dutch EXIN Financial Services Holdings BV for the sale of a 75 percent stake in Ethniki Insurance, NBG’s insurance subsidiary in Greece.
The consideration of the transaction stands at 718.3 million implying a total enterprise value of 958 million. NBG will retain a 25 percent share in Ethniki Insurance, which will remain its exclusive bancassurance provider under a new ten-year partnersh...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.